Bitwise has a $1.6 million price target on Bitcoin for 2036.

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I asked @Matt_Hougan of @Bitwise to walk me through the math. His case: the store-of-value market keeps growing to $90 trillion in a decade, and Bitcoin’s share climbs from 5% to 25%.

🎧 Full episode:

Timestamps:

🎬 00:00 Intro

📈 00:56 Why Matt thinks crypto bottomed in June and bad news stopped mattering

🤖 02:53 Why Matt says every AI scenario, boom or bust, ends well for Bitcoin

💰 10:14 Nexo: Generate daily interest on your crypto or borrow funds against your assets at unchainedcrypto.com/go/nexo-podcas…

🏛️ 10:31 What the Democratic blue wave means for crypto and why DeFi is most at risk

🔐 17:18…